The Securities and Exchange Board of India (Sebi) has extended the deadline for directly buying exchange-traded funds (ETFs) from mutual fund asset management companies (AMCs) by three months to November 1, 2022.
HDFC Mutual Fund’s NIFTY NEXT 50 ETF and NIFTY 100 ETF will track the NIFTY NEXT 50 and NIFTY 100 total return index, respectively. HDFC Mutual Fund said the...
The Association of Mutual Funds in India has in its monthly industry data revealed that the monthly systematic investment plan (SIP) contribution stood at Rs...
Sebi allows asset management companies to launch passive ELSS schemes from July 1, 2022.
The Nifty 50 index-linked passive funds account for 40 per cent of total passive funds AUMs in India. Also, 82 new passive products were launched in FY22
Net outflows from the gold ETFs were at Rs 452 crore in the month of January. Prior to that, the asset class had seen a net investment of Rs 313 crore.
